MT vs TX
ArcelorMittal and Ternium S.a., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | MT | TX |
|---|---|---|
| Revenue | $61.4B | $15.6B |
| Net income | $3.2B | $425.2M |
| Gross margin | 7.1% | 15.1% |
| Net margin | 5.3% | 1.9% |
| Return on equity | 6.1% | 3.6% |
| Diluted EPS | $4.11 | $0.22 |
| Dividend / share | · | $0.27 |
| Payout ratio | 17.2% | 124.6% |
| Free cash flow | · | $-345.5M |
| Equity | $54.5B | $11.9B |
| Net debt / equity | 0.15× | 0.07× |
| Current ratio | 1.36× | 2.49× |
| Revenue CAGR 5y | 2.9% | 12.3% |
| Profit CAGR 5y | · | −11.4% |
MT bills 3.9× the revenue of TX, and keeps more of each dollar of revenue as profit (5.3% against 1.9%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | MT | TX |
|---|---|---|
| FY2025 | $61.4B | $15.6B |
| FY2024 | $62.4B | $17.6B |
| FY2023 | $68.3B | $17.6B |
| FY2022 | $79.8B | $16.4B |
| FY2021 | $76.6B | $16.1B |
| FY2020 | $53.3B | $8.7B |
| FY2019 | $70.6B | $10.2B |
| FY2018 | $76.0B | $11.5B |
| FY2017 | $68.7B | $9.7B |
| FY2016 | $56.8B | $7.2B |
Bottom line
| Fiscal year | MT | TX |
|---|---|---|
| FY2025 | $3.2B | $425.2M |
| FY2024 | $1.3B | $-53.7M |
| FY2023 | $919.0M | $676.0M |
| FY2022 | $9.3B | $1.8B |
| FY2021 | $15.0B | $3.8B |
| FY2020 | $-733.0M | $778.5M |
| FY2019 | $-2.5B | $564.3M |
| FY2018 | $5.1B | $1.5B |
| FY2017 | $4.6B | $886.2M |
| FY2016 | $1.8B | $595.6M |
11 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$45,742,906,000 | MT |
| FY2024 | +$44,791,940,000 | MT |
| FY2023 | +$50,664,908,000 | MT |
| FY2022 | +$63,429,534,000 | MT |
| FY2021 | +$60,480,256,000 | MT |
| FY2020 | +$44,534,565,000 | MT |
| FY2019 | +$60,422,182,000 | MT |
| FY2018 | +$64,578,193,000 | MT |
| FY2017 | +$58,978,704,000 | MT |
| FY2016 | +$49,567,025,000 | MT |
| FY2015 | +$55,700,551,000 | MT |
MT has reported the higher revenue in every one of these 11 fiscal years. The gap has narrowed since the earliest year compared.
11 of 11 comparable fiscal years — a year missing data on either side is not counted.
11 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +3.3 pp | MT |
| FY2024 | +1.2 pp | MT |
| FY2023 | −4.1 pp | TX |
| FY2022 | −0.8 pp | TX |
| FY2021 | −6.8 pp | TX |
| FY2020 | −11.0 pp | TX |
| FY2019 | −9.6 pp | TX |
| FY2018 | −7.5 pp | TX |
| FY2017 | −3.9 pp | TX |
| FY2016 | −6.7 pp | TX |
| FY2015 | −14.0 pp | TX |
The higher net margin has changed hands between MT and TX over this period.
11 of 11 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
MT's net margin has been more volatile than TX's over the 11 comparable fiscal years — 8.2 percentage points of standard deviation against 7.3.
11 of 11 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between MT and TX over these 11 fiscal years — MT led in 2 and TX in 9.
11 of 11 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
TX's return on equity has been more volatile than MT's over the 10 comparable fiscal years — 12.0 percentage points of standard deviation against 11.0.
10 of 11 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between MT and TX over these 10 fiscal years — MT led in 3 and TX in 7.
10 of 11 comparable fiscal years — a year missing data on either side is not counted.